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Almaden Files Amended Technical Report
VANCOUVER, BC--(Marketwired - April 13, 2016) - Almaden Minerals Ltd. ("Almaden" or the "Company") (TSX: AMM) (NYSE MKT: AAU) announces that as a result of a re
About this update from Almaden Minerals Ltd.
[{"type":"text","content":"VANCOUVER, BC--(Marketwired - April 13, 2016) - Almaden Minerals Ltd. (\"Almaden\" or the \"Company\") (TSX: AMM) (NYSE MKT: AAU) announces that as a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure. The review identified filing and disclosure issues with the technical report titled, NI 43-101 Technical Report Preliminary Economic Assessment of the Ixtaca Project, Mexico (\"the Report\") filed on January 22nd, 2016. The Company has amended the report accordingly, which has now been refiled on SEDAR as an amended report (the \"Amended Report\"). The Company wishes to clarify that the amendments are not material changes and the Report's data, inputs, interpretation, conclusions and results all remain unchanged. The items amended according to NI 43-101 are listed below in order of appearance in the original report. The Report was amended to correctly reference the previously issued PEA which should have been referred to as the \"Amended PEA Report dated November 6, 2015\" not the \"09 October 2014\" PEA. The Amended Report removes reference to production scenarios contemplated in previous PEA reports such as the Amended PEA Report dated November 6, 2015. The Amended Report provides additional information on sampling protocols and the compositing methodology. The Amended Report provides additional details on the water balance. The independent qualified persons responsible for preparing the Amended Report are; Jesse Aarsen, P.Eng. and Tracey Meintjes, P.Eng. of Moose Mountain Technical Services, Ken Embree, P.Eng. of Knight Piesold Ltd., Kris Raffle, P.Geo. of APEX Geoscience Ltd., and Gary Giroux, M.A.Sc., P.Eng. of Giroux Consultants Ltd., all of whom act as independent consultants to the Company, are Qualified Persons as defined by National Instrument 43-101 (\"NI 43-101\") and have reviewed and approved the contents of this news release. About Almaden Almaden owns 100% of the Tuligtic project in Puebla State, Mexico, subject to a 2% NSR royalty held by Almadex Minerals Limited. Tuligtic covers the Ixtaca gold/silver deposit, which was discovered by Almaden in 2010. The Ixtaca deposit is located in a developed part of Mexico in Puebla State, the location of significant manufacturing investments including Volkswagen and Audi plants. The ...